Latest news with #TransitOrientedDevelopment
The Hindu
23-07-2025
- Business
- The Hindu
L&T Metro Rail Hyderabad records 25% growth in ridership; revenue drops by 21%
L&T Metro Rail Hyderabad (L&TMRH) — which has built and runs the phase one of the Hyderabad Metro Rail (HMR) for 69.2 km — has recorded the highest ever [daily] ridership of 5.63 lakh with more than five lakh ridership for about 70 days during the year (2024-25), recording a growth rate of 25% over the previous year (2023-24). Yet, it has declared a 21% decrease in revenue - which is ₹1,108.54 crore in the financial year of 2024-25 up to March 31st [2025] as against revenue earned of ₹1,399.31 crore in the previous financial year of 2023-24. The annual loss too has increased by 13% or ₹625.88 crore, which is up from ₹555.04 crore loss registered in the previous financial year. ₹627 crore through fare collection The company earned ₹627.11 crore in revenue from fare collection through the metro rail system and (₹485.55 crore) from Transit Oriented Development (TOD) assets, advertising, retail activities at stations, rentals of optic fibre cables, right of way for telecom towers, etc. The annual report of the company for the year (2024-25) has stated that the next level upgrade of its ticketing system or Open-loop Ticketing System (OTS) will be introduced in the current financial year of 2025-26 to enhance commuter convenience by aiding digital payments. 50 crore passenger journeys The report, finalised at the annual general body meeting held recently, stated that about 50 crore passenger journeys have been commemorated since its inception with the operating ratio ranking one of the best amongst all metros in India due to control over operating costs and optimum utilization of rolling stock. The Ministry of Housing & Urban Affairs (MoHUA) accredited 'I-Metro' , which publishes a comparison of Key Performance Indicators (KPIs) every year, has ranked L&TMRH as the the top performer for 2024-25. The Periodic Overhauling (POH) for 14 of the 57 seats trains was completed during the year and is in progress for remaining trains. 12% energy requirements met with solar power L&TMRH has replaced 12% of its grid power requirements for metro operations with captive solar power of 11.0 Mwp and solar panels were installed over the rooftop of stations and in the depot areas. Another 1 MWp of solar capacity is expected to be commissioned during this financial year. About 155 rainwater harvesting pits were constructed at various stations and depots to harvest about 60 million litres of water per year. The aim is to attain 'Carbon Neutrality' by 2040 and 'Water Neutrality' by 2035. Worth of assets The gross fixed assets comprising of property, plant and equipment, investment property and including assets under development was at ₹17,355.19 crore and the net fixed assets at ₹15,620.46 crore.
New Straits Times
21-07-2025
- Business
- New Straits Times
ECRL extension to Rantau Panjang poised to boost manufacturing, border trade
KUALA LUMPUR: The proposed extension of the East Coast Rail Link (ECRL) from Kota Bharu to Rantau Panjang in Pasir Mas is poised to catalyse Kelantan's manufacturing sector and strengthen cross-border trade with Thailand. Kelantan Deputy Menteri Besar Datuk Dr Mohamed Fadzli Hassan said the state government has charted strategic development plans along the ECRL corridor to capitalise on its logistics and connectivity advantages. He said key among them is a Cargo Oriented Development (COD) at Pasir Puteh Station, aimed at attracting both domestic and foreign investors. The project is expected to spur high-value downstream activities, including logistics services, packaging, and raw material supply chains. Complementing this is a Transit Oriented Development (TOD) at Tunjong Station in Kota Bharu, envisioned as a new economic hub that integrates transport, commercial, and residential components — creating jobs and improving quality of life. Mohamed Fadzli said the extension is timely, as it aligns with Malaysia's bilateral initiative with Thailand to revive the existing KTMB line between Pasir Mas and Sungai Golok, reconnecting the countries' rail networks and boosting regional trade. The Kelantan government is advocating for the extension to reach Rantau Panjang, diverging from the original planned alignment to Tumpat. However, the proposal remains under review by Malaysia Rail Link Sdn Bhd (MRL) and the Ministry of Transport, he said during the State Legislative Assembly sitting at the Kota Darulnaim Complex today, in response to a question from Mohd Adanan Hassan (PAS–Kelaboran), Bernama reported. Transport Minister Anthony Loke had earlier confirmed that the ministry is evaluating the feasibility of the extension, noting its potential to strengthen logistical links between Malaysia and Thailand. The 665km ECRL project crosses the East Coast states of Kelantan, Terengganu and Pahang before connecting to Selangor on the West Coast of Peninsular Malaysia.
The Sun
21-07-2025
- Business
- The Sun
Kota Bharu to Pasir Mas ECRL extension under study
KOTA BHARU: The proposal to extend the East Coast Rail Link (ECRL) from Kota Bharu to Rantau Panjang in Pasir Mas is still under review by Malaysia Rail Link Sdn Bhd (MRL) and the Ministry of Transport. Kelantan Deputy Menteri Besar Datuk Dr Mohamed Fadzli Hassan stated that the proposal aligns with plans to revive the railway link between Malaysia and Thailand. 'The Kelantan government is proposing that the ECRL line be extended to Rantau Panjang instead of the original alignment in Tumpat,' he said during the State Legislative Assembly sitting. The move aims to strengthen connectivity with Thailand, where discussions are ongoing to restore the Pasir Mas-Sungai Golok rail link under KTMB. Transport Minister Anthony Loke confirmed that the ministry is evaluating the proposal to enhance cross-border rail connectivity. Meanwhile, the Kelantan government has outlined strategic plans to maximize economic benefits from the ECRL project, including Cargo Oriented Development (COD) at Pasir Puteh Station and Transit Oriented Development (TOD) at Tunjong Station. 'The COD initiative will attract investments and stimulate downstream economic activities, while TOD will revitalize Tunjong as a new township,' Mohamed Fadzli added. The ECRL is set for full completion by end-2026, with Kota Bharu-Gombak operations starting in January 2027 and the Gombak-Port Klang line a year later. - Bernama
Barnama
21-07-2025
- Business
- Barnama
Proposal To Link Kota Bharu To Pasir Mas With ECRL Still Being Studied
KOTA BHARU, July 21 (Bernama) -- The proposal to extend East Coast Rail Link (ECRL) from Kota Bharu to Rantau Panjang, Pasir Mas is still being studied by Malaysia Rail Link Sdn Bhd (MRL) and the Ministry of Transport. Kelantan Deputy Menteri Besar Datuk Dr Mohamed Fadzli Hassan said the proposal is seen as relevant as the Malaysian and Thai governments have agreed to revive the existing railway line between Pasir Mas and Sungai Golok under Keretapi Tanah Melayu Berhad (KTMB) to reconnect the railway network between the two countries. He said the Kelantan government is currently proposing that the ECRL line be extended to Rantau Panjang in Pasir Mas from Kota Bharu and not to the original line in Tumpat. "However, it is still under study by MRL and the Ministry of Transport to extend the ECRL line from Kota Bharu to Rantau Panjang, Pasir Mas," he said. He said this when replying to a supplementary question by Mohd Adanan Hassan (PAS-Kelaboran) regarding the state government's efforts to submit a proposal to implement the ECRL to the original alignment, which is Tumpat, at the State Legislative Assembly sitting in Kota Darulnaim Complex today. Earlier, Transport Minister Anthony Loke said his ministry was examining a proposal to extend the ECRL route from Kota Bharu to Rantau Panjang, Pasir Mas in Kelantan to strengthen the connection network with Thailand. In a similar development, Mohamed Fadzli said the state government had also drawn up a strategic plan to ensure that development around the ECRL project alignment could be fully utilised, especially in the manufacturing sector which has the potential to boost the economy in the state. "Among the main plans currently being implemented is the development based on Cargo Oriented Development (COD) at Pasir Puteh Station, which is seen to be able to attract not only private and foreign investments, but will also generate downstream economic chains such as transportation services, packaging and raw material supply. "In addition, the development based on Transit Oriented Development (TOD) at Tunjong Station, Kota Bharu is seen to be able to revive Tunjong as a new township and create an economic ecosystem that is balanced between people's mobility, job opportunities and quality of life," he said.
The Star
07-07-2025
- Automotive
- The Star
Space-saving parking solution
Inadequate parking with motorists looking for vacant parking bays in Petaling Jaya is a common occurrence. — Filepic Selangor government is reviewing the suitability of implementing tandem parking to increase carpark capacity at serviced apartments within Transit Oriented Development (TOD) areas. TOD centres are high-intensity, mixed-use development that promote public transport usage through the integration of rail networks and pedestrian links. State local government and tourism committee chairman Datuk Ng Suee Lim said the tandem parking system, where two or more vehicles are parked one behind the other in a single, elongated space, was expected to offer efficient space-saving solution in high density areas. The system, he said, supported the gradual transition to public transport for those living within TOD areas. One of its principles is reducing parking provisions to discourage private vehicle use and encourage public transport. Suee Lim said a significant portion of serviced apartment buyers and tenants were professionals and dual-income households who often owned more than one vehicle. 'A lack of parking bays can create difficulties for residents and lead to uncontrolled use of public spaces for parking. 'During this transitional phase, providing additional parking is crucial to accommodate current mobility habits while still supporting the broader TOD agenda. Suee Lim: Urban planning must prioritise walkable designs and safe cycling paths. 'A shortage of parking spaces within TODs can negatively affect public roads and nearby neighbourhoods, while additional parking space adds market value to the development. 'The increase in parking ratio from one unit to one vehicle (1:1) to one unit to two vehicles (1:2) at serviced apartments takes into account several factors, including current market needs and enhancing development value,' he said during the Selangor State Assembly sitting at Bangunan Dewan Negeri Selangor in Shah Alam. Suee Lim was replying to Michelle Ng (PH-Subang Jaya), who questioned the rationale of increasing the parking ratio for serviced apartment units and whether such a move contradicted the aim of TODs. To ensure a TOD truly met its original goals, Suee Lim said several policy approaches needed to be considered and implemented comprehensively. 'Maximum parking caps should be enforced at TOD areas and local authorities should promote public transport incentives like discounted fares and park-and-ride schemes. 'Urban planning must prioritise walkable designs and safe cycling paths to encourage residents to travel without private vehicles. 'Additionally, mixed-use developments should be encouraged to reduce long commutes daily,' he said.
